Add-on Acquisition • Software

StorCentric Acquires Retrospect

On June 25, 2019, StorCentric acquired software company Retrospect

Acquisition Context
  • This is StorCentric’s 1st transaction in the Software sector.
  • This is StorCentric’s 1st transaction in the United States.
  • This is StorCentric’s 1st transaction in California.

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M&A Deal Summary

Date June 25, 2019
Target Retrospect
Sector Software
Buyer(s) StorCentric
Deal Type Add-on Acquisition

Target Company

Retrospect

Walnut Creek, California, United States
Retrospect, Inc. is a provider of backup and recovery software and enables over 500,000 customers in over 100 countries to recover quickly from accidents, hardware failure, theft, and disaster. Retrospect Backup supports both consumers and small to medium-sized businesses (SMBs) with a range of backup and recovery capabilities. Retrospect, Inc. was founded in 2011 and is based in Walnut Creek, California.
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Buyer Overview 1

Buyer

StorCentric

Sunnyvale, California, United States

Category Company
Founded 2018
Sector Technology Hardware
DESCRIPTION

StorCentric, Inc. provides storage solutions for prosumers, SMBs and enterprise customers. StorCentric, Inc. was founded in 2018 and is based in Sunnyvale, California.


Deal Context for Buyer #
Overall 1 of 3
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 3
State: California 1 of 2
Country: United States 1 of 3
Year: 2019 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 Vexata

San Jose, California, United States

Vexata powers today’s demanding enterprise applications driving fast access to large datasets for workloads such as predictive analytics, IOT, and autonomous decisions. Based on patented active data architecture, Vexata delivers 10x performance and efficiency improvements at a fraction of the cost of existing all-flash storage solutions. The result is a transformative performance with breakthrough economics across numerous data-hungry applications at enterprise scale.

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